NYSE:FDPFood
Fresh Del Monte Produce (FDP) Valuation in Focus After Strategic Avocado and Lime Expansion with Managro Group
If you’re trying to make sense of Fresh Del Monte Produce (FDP) after its announcement of a new joint venture with Managro Group, you’re not alone. The company is making a calculated bet by expanding a packing facility in Colombia to better serve the booming avocado and lime markets in North America and Europe. By teaming up with Managro and harnessing Colombia’s reliable growing conditions, Fresh Del Monte appears to be reinforcing its long-term strategy of diversification and supply chain...